Tourism Sector Performance 2013 - 17 Feb 2014 - Singapore Tourism Board
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Tourism Sector Performance 2013 17 Feb 2014 These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Presentation Outline Singapore’s Tourism Sector Performance 2013 1 Tourism Sector Performance 2 Performance of Core Industries 3 Other Highlights of 2013 These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Presentation Outline Singapore’s Tourism Sector Performance 2013 1 Tourism Sector Performance 2 Performance of Core Industries 3 Other Highlights of 2013 These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
2013 Forecast: Recap Tourism Receipts International Visitor Arrivals S$23.5-24.5 14.8-15.5 Billion Million (1.6%-6% vs 2012) (2.1%-7.2% vs 2012) Source: STB © 2013 Singapore Tourism Board 4
2013* Tourism Receipts TR within the S$23.5 billion forecasted 1.6% range 23.1 23.5 22.3 18.9 Tourism Receipts (S$ billion) 14.8 15.5 12.4 12.6 10.9 9.8 6.9 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013* * preliminary estimates Source: STB © 2013 Singapore Tourism Board 5
2013 Tourism Receipts: By Major Items Growth across most TR 2013 % Change % Share vs 2012 components 5.8 5.8 6.0 -3% 25% Other TR Components 5.4 5.2 5.5 Sightseeing, Tourism Receipts by Major Components 5% 23% 5.4 Entertaiment & Gaming 4.0 2.2 2.3 4.7 2.2 Food & 2% 10% 1.9 Beverage (S$ billion) 1.5 4.4 5.0 5.3 3.6 Accommodation 4% 22% 2.8 3.4 4.0 4.5 4.6 4.6 Shopping 1% 20% 2009 2010 2011 2012 2013* Expenditure is estimated from Overseas Visitor Survey. Other TR components include expenditure on airfares, port taxes, local transportation, business, medical, education and transit visitors. * Source: preliminary STBestimates © 2013 Singapore Tourism Board 6 Source: STB
2013 Tourism Receipts: By Major Items Growth Includes airfare, across most education and medical TR expenditure amongst 2013 % Change % Share vs 2012 components others 5.8 5.8 6.0 -3% 25% Other TR Components 5.4 5.2 5.5 Relatively strong Sightseeing, Tourism Receipts by Major Components 5% 23% 5.4 Entertaiment & 4.0 growth from both2.3 Gaming 4.7 2.2 Food & 2.2 2% 10% 1.9 components in Beverage (S$ billion) 1.5 comparison 4.4 to 20125.3 5.0 Accommodation 4% 22% 3.6 2.8 3.4 4.0 4.5 4.6 4.6 Shopping 1% 20% 2009 2010 2011 2012 2013* Expenditure is estimated from Overseas Visitor Survey. Other TR components include expenditure on airfares, port taxes, local transportation, business, medical, education and transit visitors. * Source: preliminary STBestimates © 2013 Singapore Tourism Board 7 Source: STB
2013 Tourism Receipts* Purpose of Visit Leisure TR (YTD 3Q): BTMICE TR Decline in BTMICE 10% (YTD 3Q): TR due to cutback 6% on travel budgets Leisure TR BTMICE TR (in billions) Leisure TR (in billions) BTMICE TR 9 7 7.77 8 7.38 6 5.61 5.74 5.39 5.38 7 6.23 6.29 5.98 5 6 5.32 +10% 4.21 4.10 -6% 5 4 4 3 3 2 2 1 1 0 0 2008 2009 2010 2011 2012 YTD Q3 2008 2009 2010 2011 2012 YTD Q3 2013 2013 * This figure excludes Sightseeing, Entertainment and Gaming expenditure 8 Source: STB © 2013 Singapore Tourism Board
YTD 3Q 2013 Tourism Receipts: By Top 10 Markets (excl. Sightseeing, Entertainment & Gaming) S$14 billion Tourism Receipts in Jan-Sep 2013 (+2% vs Jan-Sep 2012) Tourism Receipts by Major Components, Top 10 Markets, January to September 2013 % Change 2013 TR* vs 2012 Shopping Accommodation Food & Beverage Other TR Components (S$ mil) 2% Overall 26% 29% 13% 33% 13,582 26% P R China 46% 21% 9% 24% 2,383 -3% Indonesia 32% 20% 8% 40% 2,253 9% India 18% 37% 15% 30% 916 3% Australia 15% 29% 14% 42% 812 -5% Japan 11% 38% 12% 40% 679 -5% Malaysia 29% 24% 10% 37% 650 -10% Philippines 22% 42% 15% 21% 523 3% Thailand 25% 41% 15% 19% 468 -8% USA 9% 41% 19% 31% 465 17% Vietnam 21% 31% 10% 38% 464 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Expenditure is estimated from Overseas Visitor Survey. Other TR components include expenditure on airfares, port taxes, local transportation, business, medical, education and transit visitors. *Sightseeing , entertainment & gaming (SEG) has been excluded in the country analysis due to commercial sensitivity of information. © 2013 Singapore Tourism Board 9
YTD 3Q 2013 Tourism Receipts: By Top 10 Markets (excl. Sightseeing, Entertainment & Gaming) S$14 billion Tourism Receipts in Jan-Sep 2013 (+2% vs Jan-Sep 2012) Tourism Receipts by Major Components, Top 10 Markets, January to September 2013 % Change 2013 TR* vs 2012 Shopping Accommodation Food & Beverage Other TR Components (S$ mil) 2% Overall Increase 26% in Shopping 29% 13% 33% 13,582 26% P R China expenditure 46% 21% 9% 24% 2,383 -3% Indonesia 32% 20% 8% 40% 2,253 9% India Strong growth due 18% 37% to 15% 30% 916 3% Australia business travel 15% 29% spend 14% 42% 812 -5% Japan 11% 38% 12% 40% 679 -5% Malaysia 29% 24% 10% 37% 650 -10% Philippines 22% 42% 15% 21% 523 3% Thailand 25% 41% 15% 19% 468 -8% USA 9% 41% 19% 31% 465 17% Vietnam 21% 31% 10% 38% 464 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Expenditure is estimated from Overseas Visitor Survey. Other TR components include expenditure on airfares, port taxes, local transportation, business, medical, education and transit visitors. *Sightseeing , entertainment & gaming (SEG) has been excluded in the country analysis due to commercial sensitivity of information. © 2013 Singapore Tourism Board 10
YTD 3Q 2013 Tourism Receipts: By Top 10 Markets (excl. Sightseeing, Entertainment & Gaming) S$14 billion Tourism Receipts in Jan-Sep 2013 (+2% vs Jan-Sep 2012) Tourism Receipts by Major Components, Top 10 Markets, January to September 2013 % Change 2013 TR* vs 2012 Shopping Accommodation Food & Beverage Other TR Components (S$ mil) 2% Overall 26% 29% 13% 33% 13,582 26% P R China 46% 21% 9% 24% 2,383 -3% Indonesia Decrease 32% in expenditure 20% in8% 40% 2,253 9% India 18% Other TR Components 37% 15% 30% 916 3% Australia 15% 29% 14% 42% 812 -5% Japan 11% 38% 12% 40% 679 -5% Malaysia 29% 24% 10% 37% 650 -10% Philippines Decrease 22% in F&B expenditure 42% 15% 21% 523 3% Thailand 25% 41% 15% 19% 468 -8% USA 9% 41% 19% 31% 465 Decrease in Accommodation 17% Vietnam 21% 31% 10% 38% 464 expenditure 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Expenditure is estimated from Overseas Visitor Survey. Other TR components include expenditure on airfares, port taxes, local transportation, business, medical, education and transit visitors. *Sightseeing , entertainment & gaming (SEG) has been excluded in the country analysis due to commercial sensitivity of information. © 2013 Singapore Tourism Board 11
2013 International Visitor Arrivals Singapore remains 15.5 million attractive as a 7.2% destination 15.5 14.5 13.2 International Visitor Arrivals (million) 11.6 9.8 10.3 10.1 9.7 8.9 8.3 6.1 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 *Preliminary estimates for full year 2013 as Nov – Dec 13 VA is based on ICA topline figures 12 Source: STB © 2013 Singapore Tourism Board
2013 International Visitor Arrivals Purpose of Visit Leisure IVA (YTD 3Q): BTMICE IVA Strong growth in 12% (YTD 3Q): both Leisure and 6% BTMICE arrivals Leisure IVA BTMICE IVA (in millions) Leisure IVA (in millions) BTMICE IVA 9 4 8.11 8 7.45 3.5 3.23 3.36 6.73 3.14 7 2.91 6.11 3 2.59 2.64 6 5.42 5.35 +12% 2.5 +6% 5 2 4 1.5 3 2 1 1 0.5 0 0 2008 2009 2010 2011 2012 YTD Q3 2008 2009 2010 2011 2012 YTD Q3 2013 2013 13 Source: STB © 2013 Singapore Tourism Board
YTD 3Q 2013 International Visitor Arrivals: Top 15 Markets 11.8 million Visitor Arrivals in Jan-Sep 2013 (+10% vs Jan-Sep 2012) (YTD 3Q) % Change vs 2012 9% Indonesia 2,279 26% P R China 1,902 4% Malaysia 910 10% Australia 842 5% India 703 77% of IVA from Asia 12% Japan 619 4% Philippines 506 17% Hong Kong SAR 417 Growth seen across all 5% USA 372 markets except Germany 4% Thailand 360 3% South Korea 355 5% UK 346 No change in Top 15 Vietnam 295 markets ranking, except 3% Taiwan 285 for Hong Kong and USA 29% -2% Germany 186 © 2013 Singapore Tourism Board 14 Source: STB
YTD 3Q 2013 International Visitor Arrivals: Top 15 Markets 11.8 million Visitor Arrivals in Jan-Sep 2013 (+10% vs Jan-Sep 2012) (YTD 3Q) % Change vs 2012 9% Indonesia 2,279 26% P R China 1,902 4% Malaysia 910 10% Australia 842 5% India 703 Growth from P R China, 12% Japan 619 Taiwan and Hong Kong 4% Philippines 506 boosted by increase in air capacity + higher twinning 17% Hong Kong SAR 417 traffic with Malaysia 5% USA 372 4% Thailand 360 3% South Korea 355 5% UK 346 3% Vietnam 295 29% Taiwan 285 -2% Germany 186 © 2013 Singapore Tourism Board 15 Source: STB
YTD 3Q 2013 International Visitor Arrivals: Top 15 Markets 11.8 million Visitor Arrivals in Jan-Sep 2013 (+10% vs Jan-Sep 2012) (YTD 3Q) % Change vs 2012 9% Indonesia 2,279 26% P R China 1,902 4% Malaysia 910 10% Australia 842 5% India 703 12% Japan 619 Growth from Japan due to: 4% Philippines 506 i) Diversion of travel from 17% Hong Kong SAR 417 some markets 5% USA 372 ii) Continued interest in SG 4% Thailand 360 due to new & refreshed 3% South Korea 355 offerings 5% UK 346 3% Vietnam 295 29% Taiwan 285 -2% Germany 186 © 2013 Singapore Tourism Board 16 Source: STB
YTD 3Q 2013 International Visitor Arrivals: Top 15 Markets 11.8 million Visitor Arrivals in Jan-Sep 2013 (+10% vs Jan-Sep 2012) (YTD 3Q) % Change vs 2012 9% Indonesia 2,279 26% P R China 1,902 4% Malaysia 910 10% Australia 842 5% India 703 12% Japan 619 4% Philippines 506 17% Hong Kong SAR 417 5% USA 372 4% Thailand 360 3% South Korea 355 5% UK 346 Decrease in air capacity 3% Vietnam 295 29% Taiwan 285 -2% Germany 186 © 2013 Singapore Tourism Board 17 Source: STB
2013 Tourism Performance: Key Highlights Singapore remains attractive as a Spending grew across destination: +7.2% in most TR components international visitor arrivals. Growth in BTMICE arrivals offset cutback in business travel spending
Specific Market Trends: Australia 4th largest market Marketing campaign (launched (Jan – Sept 2013) in Mar 2012) has gained good IVA: 842,000 (+10%) traction TR: S$0.8 billion (+3%) Leisure IVA: +20% Australians look for immersive experiences to gain a better understanding of the people, culture and heritage e.g. Little India, Chinatown Digital resources are used, significantly more than other markets, to search, plan and book holidays
Australia Marketing Campaign: “Get Lost and Find the Real Singapore” • Challenge Australians’ perception of Singapore and deepen discovery of the real Singapore These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Australia Marketing Campaign: “Get Lost and Find the Real Singapore” • Challenge Australians’ perception of Singapore and deepen discovery of the real Singapore Spike in search interest and 3x increase in traffic to campaign site 97% of survey respondents indicated improved perceptions Travel agent partner of Singapore saw an increase in Singapore sales during and after the campaign These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Specific Market Trends: India YTD 3Q IVA: 703,000 (+5%) YTD 3Q TR: S$0.9 billion (+9%) Strong outbound business travel from India to Singapore, registering +17% in 2013 Sustained interest from Indian leisure travellers despite depreciation of the rupee STB with travel trade also reaching out to Tier 2 cities, where catchment for middle class is larger and visitors are starting to see travel as a status symbol.
India Marketing Campaign: “Singapore – The Holiday You Take Home With You” • Highlighting the concentration of world-class experiences that visitors can enjoy with their loved ones in Singapore These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
India Marketing Campaign: “Singapore – The Holiday You Take Home With You” • Highlighting the concentration of world-class experiences that visitors can enjoy with their loved ones in Singapore +88% in visits to campaign site 47% increase in number of Facebook fans Travel agent partners (169,095 fans to-date) saw a healthy increase in sales of tour packages to Singapore These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Presentation Outline Singapore’s Tourism Sector Performance 2013 1 Tourism Sector Performance 2 Performance of Core Industries 3 Other Highlights of 2013 These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Performance of Core Tourism Industries Hotels Travel Services Attractions Youth Olympic Games Cruise BTMICE These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Hotels Hotel industry performance held steady despite increased supply – Gazetted Hotel Revenue: S$2.9 billion (3.9% increase) Hotel Rendezvous Good traction on industry’s productivity improvement and capability upgrading efforts
Hotels PARKROYAL on Pickering Hotel Rendezvous Hotel Clover Kampong Glam Greater diversity and individualisation of styles, meeting needs of the discerning travellers Singapore Marriott Hotel
Hotels Hotels across different tiers continue to win Pan Pacific Singapore international awards Holiday Inn Wanderlust Singapore Hotel Atrium
Hotels Gazetted Hotel Average Average Revenue Occupancy Room RevPAR $2.9 billion Rate Rate $223 3.9% 86% $258 100 AOR (LHS) 400 ARR (RHS) RevPAR (RHS) 350 85 87 85 86 87 86p 80 84 81 81 300 74 76 262 258p ARR & RevPAR 67 245 247 250 60 218 AOR 202 (S$) 189 226 223p 200 164 199 214 40 137 186 176 150 126 116 122 140 143 100 115 20 94 98 78 50 0 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Source: STB Source: Monthly Hotel Returns as at 26 Jan© 2014 2013 Singapore Tourism Board 30 P: preliminary
Hotels 2011 2012 2013 Hotel openings in 2013: Holiday Inn Express Orchard No. of Hotels* 304 338 373 The Westin Singapore Ramada and Days Hotels at No. of Hotel* 49,719 51,622 54,962 Zhongshan Park rooms The Amoy Nett Increase in 2,407 1,903 3,340 Upcoming Hotels: room stock Sofitel So Traders Orchardgateway YOY % increase 5.1% 3.8% 6.5% One Farrer Hotel & Spa in room stock Source: STB Number of licensed rooms as at 31 December 2013 *includes hostels with more than 4 rooms Ramada and Days Hotel Singapore The Amoy The Westin Singapore At Zhongshan Park Holiday Inn Express Orchard
Hotels 2011 2012 2013 No. of Hotels* 304 338 373 Pipeline of No. of Hotel* 49,719 51,622 54,962 hotels in 2014: rooms Approximately Nett Increase in 2,407 1,903 3,340 3,000 rooms room stock YOY % increase 5.1% 3.8% 6.5% in room stock Source: STB Number of licensed rooms as at 31 December 2013 *includes hostels with more than 4 rooms Ramada and Days Hotel Singapore The Amoy The Westin Singapore At Zhongshan Park Holiday Inn Express Orchard
Hotel Capability Development Increased efforts to improve hotel productivity and talent supply Leverage technology • Hospitality Technology Education, jointly organized by SHA-IDA-STB • Call for Collaboration (CFC) for hotel self-service check-in solutions Upgrade manpower capabilities • Job Flexibility Scheme (JFS) • Allowed the hotels more flexibility in the deployment of staff to different job areas when needed • Received feedback from employees that wages have increased, and new skills were acquired • Success of pilot scheme with hotel industry led to the expansion of JFS to other sectors, including F&B and retail Develop Tourism Careers • First-ever Future Leaders 2013 engagement session between educational institutions & industry • Positive feedback received on how the session helped correct misperceptions about career progression opportunities and remuneration in the industry
Hotel Productivity Case Studies Holiday Inn Singapore Atrium What: RFID linen management system How: Substituted the manpower-intensive practice of manually sorting and counting linen with automated processes Impact: • 50% decrease in time and manpower requirements (from 120 to 60 mins) • Greater accuracy in linen inventory management • Cost-savings went into upward wage adjustment for employees Marina Mandarin Singapore What: OneGuest Mobile Solution for F&B How: Allowing guests to browse menu and place orders on iPads Impact: • Service time decrease by 33% allowing hotel to employ one staff less per shift. • Staff can refocus their attention to better engage guests Ramada & Days Hotels Singapore at Zhongshan Park What: ME LEAP! multi-skilling program How: Developed new positions called Masters of Experience (“ME”) where employees are trained to be multi-skilled in various facets of hotel operations Impact: • As of end Feb 2014, of the 34 MEs hired, 14 have been promoted to ME Executives and other positions • Increased productivity within and across departments and hotels through multi-skilling and cross- deployment • Promoted 40% of ME Associates within and across the Hotels’ departments, expanding the hotel’s talent pool • Enhanced the Ramada and Days Hotel brand in Singapore, driving brand awareness among hospitality professionals and target students • Managed turnover due to strong employee engagement and through open communication
Performance of Core Tourism Industries Hotels Travel Services Attractions Youth Olympic Games Cruise BTMICE These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Travel Agents Licensed Travel Agents (TAs), 2007 No. of TAs in 2013: Total no. of TAs 1400 – 2013 1154 (as at 31 Dec 2013) 1200 975 1046 1103 1154 1000 931 No of ceased TAs: 101 800 788 873 600 400 200 0 2007 2008 2009 2010 2011 2012 2013 Initiatives undertaken with the TA industry: Launched Travel Agent Manpower Study (Dec 2013) – To better understand issues faced by the industry and to develop initiatives to address these issues Adoption of innovation and to increase productivity: Call-for- Collaboration jointly organised by STB and IDA Regular engagement sessions with industry to discuss industry trends and developments Source: STB
Travel Agents Investment in technology to increase productivity and enhance customers’ experience Asiatravel.com: Demonstrating innovation & new business models Asiatravel.com launched “TACentre.com” – a B2B booking platform which allows smaller TAs instant access and confirmation to Asiatravel.com’s extensive inventory. Recorded 50% increase in revenue since its launch, with a growth forecast of 130% within the next 3 years. Dynasty Travel: Investing in technology for a seamless experience Launch of iDynasty mobile app for customers to obtain information on-the-go Collaboration with AXS enables customers to make payments at their convenience Both initiatives have contributed to a 15% YOY growth in revenue These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Travel Agents Professional skills recognition through the NATAS Accreditation Scheme The NATAS Accreditation Scheme was launched in Mar 2013 to: Increase productivity by equipping employees with the right service mind- sets, skills and knowledge Attract and retain talent by giving recognition through professional certification Improve industry’s professionalism & profitability through upgrading of human resource capabilities To date, 196 individuals have participated with another 56 currently undergoing accreditation assessment These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Tourist Guides 2,360 licensed 139 97% tourist guides new Singaporeans and as of end 2013 licensees PRs No. of Licensed Tourist Guides (TGs), 2007 – 2013 2400 2360 2336 2300 2315 2200 2145 2193 2100 2148 2000 2023 1900 1800 2007 2008 2009 2010 2011 2012 2013 Source: STB These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Tourist Guides Continued efforts in raising Travelthe professionalism Agents Industry of tourist guides Development STB Act and Tourist Guide Regulations Review - Raising professionalism of tourist guides and quality of tourist guiding - Public consultation: positive feedback received on proposed amendments - 1st Reading: 20th January - 2nd Reading:17th February Source: STB These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Tourist Guides Continued efforts in raising Travelthe professionalism Agents Industry of tourist guides Development Raise professionalism of TGs - New Professional Development Courses (PDC) titles on new tourism products and skill-based training - Working with WDA on the review of the WSQ Tour and Travel Competency Roadmap Continued enforcement checks - Regular enforcement checks conducted - Industry affirmed that enforcement efforts were felt on the ground. Travel agents also more cautious to not engage unlicensed tourist guides. Source: STB These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Performance of Core Tourism Industries Hotels Travel Services Attractions Youth Olympic Games Cruise BTMICE These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Attractions Most visited attractions (in alphabetical order) Gated Attractions • MBS Skypark Cultural and lifestyle • Night Safari/Singapore Zoo • Sentosa precincts continue to enjoy • Singapore Flyer/ Flight Experience healthy patronage by • Universal Studios Singapore visitors Universal Studios Skypark Sentosa Singapore Zoo Merlion Park Chinatown Orchard Road Marina Bay Source: STB Overseas Visitor Survey, Q1 – Q3 2013 These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Attractions Soft opening of the River Safari in River Safari has further entrenched April 2013, followed by the launch the Mandai area as a top nature and of the Amazon River Quest Boat family attraction, complementing our Ride in December 2013 current range of leisure offerings Giant Panda Forest Amazon Flooded Forest Amazon River Quest Images credited to Wildlife Reserves Singapore
Attractions Introduction of new offerings at existing Attractions Shark Encounter SEA TREK Adventure Open Ocean Dive Launch of Marine Life Encounters at Marine Life Park, Resorts World Sentosa (RWS) Launch of Journey 2: The Mysterious Island at Launch of Sesame Street Spaghetti Space Chase Ride Sentosa 4D AdventureLand at Universal Studios Singapore Images credited to Resorts World Sentosa, JOURNEY 2: THE MYSTERIOUS ISLAND and all related characters and elements are trademarks of and © New Line Productions, Inc. and Walden Media, LLC, and Sesame Street © 2013 Sesame Workshop. All Rights Reserved. Universal Studios Singapore ® & © Universal Studios. All Rights Reserved.
Attractions Introduction of new offerings at existing Attractions The Sentosa 4D AdventureLand underwent its first-ever rejuvenation since 2006 and now includes the new ride Journey 2: The Mysterious Island at Sentosa 4D AdventureLand. The rebrand has helped Sentosa 4D AdventureLand develop a stronger brand identity across its various rides. Launch of Journey 2: The Mysterious Island at Sentosa 4D AdventureLand Images credited to Resorts World Sentosa, JOURNEY 2: THE MYSTERIOUS ISLAND and all related characters and elements are trademarks of and © New Line Productions, Inc. and Walden Media, LLC, and Sesame Street © 2013 Sesame Workshop. All Rights Reserved. Universal Studios Singapore ® & © Universal Studios. All Rights Reserved.
Attractions Introduction of new offerings at existing Attractions Shark Encounter SEA TREK Adventure Open Ocean Dive Launch of Marine Life Encounters at Marine Life Park, Resorts World Sentosa (RWS) The Marine Life Park at RWS, consisting of the S.E.A. Aquarium and Adventure Cove Waterpark, welcomed more than 3 million visitors in 2013 RWS has won the Best Integrated Resort at the TTG Travel Awards 2013 for the third consecutive year Launch of Sesame Street Spaghetti Space Chase Ride at Universal Studios Singapore Images credited to Resorts World Sentosa, JOURNEY 2: THE MYSTERIOUS ISLAND and all related characters and elements are trademarks of and © New Line Productions, Inc. and Walden Media, LLC, and Sesame Street © 2013 Sesame Workshop. All Rights Reserved. Universal Studios Singapore ® & © Universal Studios. All Rights Reserved.
Capability Development for Attractions Attractions Experience Development Series (AEDS) Enhance capabilities. Craft compelling stories. Deliver memorable experiences. Develop a dynamic, sustainable business model. 1Experience Creation “Telling & Delivering the Story” 2 Business Sustainability 5 seminars 4 Masterclasses Over 9 months “The Business Model” (Jul’13 - Mar’14) 457participants to date Jointly organized by
Capability Development for Attractions Attractions Experience Development Series (AEDS) Enhance capabilities. Craft compelling stories. Deliver memorable experiences. Develop a dynamic, sustainable business model. 1Experience Creation “Telling & Delivering the Story” 2 Local attractions are taking Business steps to redesign Sustainability experiences and develop “The Business Model” stronger storytelling components Jointly organized by
Performance of Core Tourism Industries Hotels Travel Services Attractions Youth Olympic Games Cruise BTMICE These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Cruise Throughput crosses 1 million mark Cruise passenger throughput grew 13% from 2012 390 1.03mil ship calls were made cruise passenger throughput 1,139 943 1,014 942 1,030 857 920 913 635 624 1,018 926 787 717 640 392 454 394 332 334 390 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 No. of ship calls Cruise throughput (‘000) Source: Singapore Cruise Centre; SATS-Creuers
Cruise Celebrity Solstice MARINA BAY CRUISE CENTRE SINGAPORE (MBCCS) The 12 ships that made maiden calls in 2012 continue to return to Singapore for deployment Maiden voyages to SINGAPORE CRUISE CENTRE (SCC) Singapore in 2013 continue to remain healthy 52
Cruise Celebrity Solstice Mariner of the Seas, 3114pax Sea Princess, 1950pax Maiden voyages with large capacity: • Costa Atlantica Costa Atlantica, 2,680pax • Sea Princess • Mariner of the Seas Columbus II, 824pax Europa II, 516pax Le Soleal, 264pax Sea Dream II, 110pax Caledonian Sky, 114pax 53
Cruise Greater presence of cruise companies Regional HQ of world’s top 3 cruise New/ more deployments in Asia & companies (with 75% of market share) Singapore situated in Singapore 3 May 2013, Straits Times Maiden Call (2015/16): “the establishment of our regional office in Singapore underscores Carnival Corporations & plc’s significant step Multiple-deployments: towards developing Asia’s markets” – Pier Foschi 9 October 2013, Celebrity Press Room (2015/16) (2013/14) (2013/14) Celebrity Century Costa Victoria Diamond Princess “…will be based out of Singapore, and will Celebrity Millennium Costa Atlantica Sapphire Princess oversee the brand's commercial, marketing, trade support and sales in the region.” - More vibrant & diverse cruise - Increased operating functions in landscape Singapore - Source markets expanded
Cruise Industry growing in tandem with potential Partnered regional Launched Passenger Local trade stepping up governments to showcase Experience Committee Southeast Asia Consisting of key industry Business models evolving to players to address issues 10-day inaugural FAM grow cruise business related to cruise passenger 12 executives, 8 cruise lines experience Collaborated with 3 NTOs Sembawang shipyard – (Malaysia, Thailand, Frequent conversations secured Princess Cruises as Indonesia) on designing ideal long-term partner experiences Chan Brothers & CTC Refreshed itineraries Increased transport Travels – set up dedicated Deepened local trade’s connectivity near cruise departments understanding of cruise terminals Citystate Travel – acquired lines’ needs Enhanced terminal ACE Cruise Holidays for operations e.g. signage cruise expansion into Asia placements
Performance of Core Tourism Industries Hotels Travel Services Attractions Youth Olympic Games Cruise BTMICE These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
BTMICE Continued efforts to entrench Singapore’s positioning as a leading MICE hub Winning International Accolades Vibrant & Impactful Business Events Calendar Catalysing Partnerships Setting New Benchmark On Sustainability
BTMICE International Accolades MICE International Congress and Convention Association (ICCA) Global Rankings 2012 Top Convention City in Asia for the 11th consecutive year Only Asian city in the Top Ten Convention Cities in the World Union of International Associations (UIA) Global Rankings 2012 Top International Meeting Country for the 2nd consecutive year Top International Meeting City for the 6th consecutive year UFI, The Global Association of the Exhibition Industry, The Trade Fair Industry Report 9th edition Highest Revenue net square meter sold in Asia Pacific in 2012 Business TTG Travel Awards 2013 Best BT MICE City Business Traveller Asia-Pacific Travel Awards 2013 Best Business City in Southeast Asia World Travel Awards 2013 Asia's Leading Meetings & Conference Destination
BTMICE Vibrant & Impactful Business Events Calendar: Trade Conferences & Exhibitions Inaugural Significant & Strategic FIRST IN ASIA Travel Design Media & Digital Content Urban Solutions / Transport Lifestyle
BTMICE Vibrant & Impactful Business Events Calendar: Trade Conferences & Exhibitions Inaugural Significant & Strategic FIRST IN ASIA TravelRave: More than 10,800 Travel attendees ITB Asia: Attracted Design over 9,000 attendees, ATLS: Launch of 7% YOY growth in EDP in Q1 2014 Increase in visitorship visitorship Media & Digital Content SITCE: Over 1,500 Urban conference delegates Solutions / and 3,000 trade Increase in foreign Transport visitors exhibiting companies Lifestyle
BTMICE Vibrant & Impactful Business Events Calendar: World Congresses, Meetings And Incentives Singapore remains strong as a centre for thought-leadership events, hosting 12 World Congresses and several key meetings in 2013. Some key events hosted include: • World Library and Information Congress IFLA 2013 • CFA Institute Annual Conference 2013 • Regional World Health Summit Asia 2013 • Amway Japan Leadership Achievement Seminar 2013 We continue to build a robust pipeline by securing 204 association conventions (11 of which are world congresses), meetings and incentives* in 2013. Some key events secured include: • Global Department Store Summit 2014 • Herbalife Asia Extravaganza 2014 • Executive MBA Annual Conference 2015 • Interdisciplinary World Congress on Low Back & Pelvic Pain 2016 * Refers to events supported/ facilitated by STB. Does not include trade conferences and exhibitions.
BTMICE Catalysing Partnerships Partnerships With Local Industry Partnerships With International Associations Launched INSPIRE (In Singapore Incentive & Rewards) to attract PROFESSIONAL CONVENTION MANAGEMENT the India incentive segment to ASSOCIATION (PCMA) enjoy the wide range of unique Partnered with the PCMA to leverage their expertise in customised incentive convention management, for the local meetings experiences in Singapore. industry to learn international standards and best practices. UNION OF INTERNATIONAL ASSOCIATIONS (UIA) Hosted the inaugural UIA Associations RoundTable Asia 2013 during TravelRave, to strengthen Launched SMAP, the industry’s first capabilities of the association sector in the region. MICE partnership with SIA and CAG offering one-stop support and incentives for meeting planners and MICE visitors e.g. preferential rates for airfares and cargo on SIA and Changi shopping vouchers
BTMICE Setting New Benchmark On Sustainability Launched a set of Sustainability Guidelines in Nov 2013 To encourage local MICE players to meet global sustainability requirements so as to strengthen their business value proposition
Presentation Outline Singapore’s Tourism Sector Performance 2013 1 Tourism Sector Performance 2 Performance of Core Industries 3 Other Highlights of 2013 These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Differentiated Marketing Campaigns – China “从心发 现 New Discoveries” • Provide Chinese visitors with the personalisable, in-depth experiences they are looking for These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Differentiated Marketing Campaigns – China “从心发现” (New Discoveries) • Provide Chinese visitors with the personalisable, in-depth experiences they are looking for 2.1 million views of the microfilm since August 2013 RMB 20 million worth of media coverage 25,000 new fans acquired on STB Sina Weibo These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Differentiated Marketing Campaigns – Malaysia & Indonesia “Only in Singapore, Right Now!” Highlighting Singapore’s myriad of experiences beyond what Malaysians and Indonesians already know These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Differentiated Marketing Campaigns – Malaysia & Indonesia “Only in Singapore, Right Now!” Highlighting Singapore’s myriad of Increase in overall experiences beyond engagement with what Malaysians and campaign portal Indonesians already know 124% increase in Malaysia: +73% in number of Indonesian number of stories Facebook fans generated leading to (169,760 fans to-date) +66% in IMV These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Formula One Singapore Grand Prix Grand Prix Season Singapore (GPSS) • A season of high impact and innovative lifestyle concepts in Singapore’s key precincts prior to and around the F1 Singapore Grand Prix • Significant growth to over 50 promotions and events from Arts, Entertainment, Retail and Dining • Established platform to encourage innovation and for businesses to test-bed lifestyle concepts F1 Community Activities • Concerted efforts to increase community engagement activities such as school visits, “Behind the Scenes” tours, movie screenings, and the first-ever Pit Lane Walk Experience • Generated positive media coverage of programmes and reached out to >30,000 people These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Kickstart Fund Incentivising untested yet innovative lifestyle events and concepts Singapore Art Book Fair: Collaboration between creative consultancy HJGHER and independent bookstore and publisher BooksActually Only art book fair in Southeast Asia specialising in art and design literature Ticketed fringe events such as artist talks, film screenings and book launches, to attract visitors beyond the arts community Saw over 5,600 visitors, and received positive feedback from its attendees Slated to return for a second edition in the later part of 2014 These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Local Engagement Initiative Instilling pride in and engendering conversations about Singapore as a leisure destination #sgshiok A social media driven initiative to trigger and stimulate conversation amongst the local community Introduced hashtagged version of Shiok destination video Local Engagement Activities Say Something Shiok Blogger Event at Singapore Food Trail Say Something Shiok Mobile at East Coast Park & Orchard Road F1 Pit Lane Walk Experience These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Local Engagement Initiative Instilling pride in and engendering conversations about Singapore as a leisure destination #sgshiok A social media driven initiative to trigger and stimulate conversation amongst the local community Introduced hashtagged version of Shiok destination video Local Engagement Activities Say Something Shiok Blogger Event at Singapore Food Trail Say Something Shiok Mobile at East Coast Park & Orchard Road F1 Pit Lane Walk Experience These slides are property of STB and shall not be reproduced and/or redistributed without permission from STB
Tourism 2013 Roundup: In Summary On the journey towards Quality Tourism New Record Tourism Performance Local enterprises stepping up innovation TR: $23.5b (+1.6%) and productivity IVA: 15.5m (+7.2%) Greater local engagement and participation
Tourism 2014: Looking Ahead Considerations Asia-Pacific Economic outbound travel uncertainties projected to grow prevail in some (UNWTO) markets LCC phenomenon Spend may to continue + moderate, BT in intensifying inter- particular airline competition
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